Suky Mann Successfully Defends '1million Misfeasance Claim

• Published date: 13 July 2023
• Law Firm: Higgs LLP
• Author: Suky Mann

Suky Mann has recently secured a fantastic result for a director, effectively defending the insolvency claims brought against him by an administrator for misfeasance and breach of fiduciary duties.

Suky's astute analysis of the alleged claims allowed her to dismantle the administrator's evidence on an allegation-by-allegation basis and advance a compelling defence that ultimately caused the claim to fall away in its entirety.

Background

Our client had been a director of a successful and reputable company, with a desire to enjoy an early retirement, he sold his shares in the company to an unconnected third party. Approximately 12 months after our client's resignation, the company's finances nose-dived, and it subsequently entered into administration.

The administrator issued a letter before...